17 Jun 2024
HM Revenue & Customs (HMRC) has warned that a new wave of fraudulent text messages is targeting taxpayers using iPhones, claiming that recipients are owed tax refunds and must supply personal information to receive them. Some recipients are also being asked to follow a link to access their refund, which is disguised to appear legitimate. […]
Read more...17 Jun 2024
The Consultative Committee of Accountancy Bodies (CCAB) has released the 2024 edition of its Statement of Recommended Practice Accounting (SORP) for Limited Liability Partnerships (LLPs). CCAB is appointed by the Financial Reporting Council (FRC) to oversee the SORP for LLPs, ensuring that such businesses can present financial statements and accounts similar to those of other […]
Read more...17 Jun 2024
HM Revenue & Customs (HMRC) has issued its updated guidance on salaried members in limited liability partnerships (LLPs), in relation to capital contributions. Currently, LLPs incorporate elements of both partnerships and limited companies, limiting the liabilities of each partner to the amount of capital they put into the business. Partners are typically considered to be […]
Read more...13 Jun 2024
Setting the optimal price for your products can be difficult to navigate.
Read more...12 Jun 2024
The last few years have been challenging for many businesses across the UK. Between the aftereffects of Covid, inflation and issues with the supply chain, it has become increasingly difficult to make a profit.
Read more...11 Jun 2024
If you’re preparing to start your new venture, there are steps you need to take to make your launch as smooth as possible and comply with commercial law.
Read more...6 Jun 2024
Facing your first financial audit can be intimidating, yet it is an essential task for many businesses.
Read more...5 Jun 2024
Artificial intelligence (AI) is undoubtedly a major trend in accountancy and tax, with many firms, business clients and Government agencies recognising its benefits and adopting it.
Read more...4 Jun 2024
Staff costs represent a substantial portion of your expenditure as a business owner, so it’s important that you understand what payments you have to make and how to plan for them.
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